agencies News

Hong Kong Agents, China Insurers Face Tech-Related Disruptions: 2017 Predictions, Part 4

The twin forces of regulation and technology will see the emergence of new distribution models in 2017. This sounds like a commonly heard disrupter scenario for the U.S. and European markets, but it’s actually a prediction for the future of …

Strategic Insurance Agency Alliance Adds 4 South Central Agencies

Four South Central independent insurance agencies joined the Strategic Insurance Agency Alliance in January. The new agencies are: Iron Property Insurance Agency of Houston; Parks Agency of Big Spring, Texas; Huckleberry Insurance Agency of West Monroe, La; and Keegan Insurance …

Virginia-based Hilb Group Acquires Venture Specialty Insurance

The Hilb Group, a Glen Allen, Va.-based holding company that focuses on acquiring mid-market agencies, has purchased Venture Specialty Insurance. The Richmond, Va.-based Venture Specialty is an all-lines agency with two niche products offering coverage for transportation and cosmetic surgeries. …

SIAA Adds 33 Members in May; 4 Are South Central Agencies

New Hampshire-based Strategic Insurance Agency Alliance (SIAA) announced it signed 33 new members in May. Of these, 24 are liberated “captive agents” new to the independent agency system – bringing new premium dollars and new people into the system. Four …